Common use of Initial Principal Amount; Environmental Trust Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date Clause in Contracts

Initial Principal Amount; Environmental Trust Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date. The Environmental Trust Bonds [of each Tranche] shall have the initial principal amount, bear interest at the rate per annum (the “Environmental Trust Bond Interest Rate”) and shall have the Scheduled Final Payment Date and the Final Maturity Date set forth below: 4 The bonds may be issued in a single tranche or may be issued with more than one tranche. If the bonds are issued in a single tranche, the bracketed language will be replaced with the following: “issued in a single Tranche designated as Tranche A.” Tranche Initial Principal Amount Environmental Trust Bond Interest Rate Scheduled Final Payment Date Final Maturity Date { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } The Environmental Trust Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 5 contracts

Samples: Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC)

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